Chou Associates Management Inc.

TORONTO, A6 · CIK 1389403 · 13F filing filed 2026-08-12

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$216.6m reported value +3.0% vs Q1 2026

31positions

82.6%in top 10

1 new 0 added 1 reduced 1 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	86	$64.4m29.73%	29.73%	Unchanged
2	ALPHABET INC CAP STK CL C GOOG	GOOG	72,390	$25.6m11.81%	11.81%	Unchanged
3	SYNCHRONY FINANCIAL COM SYF	SYF	223,202	$17.0m7.84%	7.84%	Unchanged
4	OCCIDENTAL PETE CORP COM OXY	OXY	313,000	$15.2m7.02%	7.02%	Unchanged
5	SIRIUSXM HOLDINGS INC COMMON STOCK SIRI	SIRI	409,589	$12.1m5.59%	5.59%	Unchanged
6	APPLE INC COM AAPL	AAPL	40,000	$11.6m5.34%	5.34%	Reduced -4.0k	-4,000 -9.1%
7	ALLY FINL INC COM ALLY	ALLY	225,525	$10.4m4.78%	4.78%	Unchanged
8	STELLANTIS N.V SHS STLA	STLA	1,394,194	$8.0m3.69%	3.69%	Unchanged
9	JEFFERIES FINL GROUP INC COM JEF	JEF	149,237	$7.5m3.44%	3.44%	Unchanged
10	PAYPAL HLDGS INC COM PYPL	PYPL	167,400	$7.2m3.34%	3.34%	Unchanged
11	WELLS FARGO CO NEW COM WFC	WFC	59,542	$4.9m2.27%	2.27%	Unchanged
12	CITIGROUP INC COM NEW C	C	32,695	$4.6m2.11%	2.11%	Unchanged
13	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	41,900	$4.0m1.86%	1.86%	Unchanged
14	GENERAL MTRS CO COM GM	GM	52,000	$4.0m1.85%	1.85%	Unchanged
15	BANK AMERICA CORP COM BAC	BAC	50,000	$2.8m1.32%	1.32%	Unchanged
16	PATHWARD FINANCIAL INC COM CASH	CASH	27,389	$2.4m1.10%	1.10%	Unchanged
17	POOL CORP COM POOL	POOL	10,636	$2.3m1.06%	1.06%	Unchanged
18	MBIA INC COM MBI	MBI	321,000	$2.1m0.97%	0.97%	Unchanged
19	KRAFT HEINZ CO COM KHC	KHC	69,500	$1.6m0.76%	0.76%	Unchanged
20	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	3,100	$1.6m0.72%	0.72%	Unchanged
21	ASSURED GUARANTY LTD COM AGO	AGO	16,990	$1.4m0.63%	0.63%	Unchanged
22	CHINA YUCHAI INTL LTD COM CYD	CYD	23,364	$1.1m0.51%	0.51%	Unchanged
23	METHANEX CORP COM MEOH	MEOH	20,000	$923.8k0.43%	0.43%	Unchanged
24	MOODYS CORP COM MCO	MCO	1,500	$679.4k0.31%	0.31%	Unchanged
25	MAGNA INTL INC COM MGA	MGA	10,000	$656.6k0.30%	0.30%	Unchanged
26	ATKORE INC COM ATKR	ATKR	8,400	$638.7k0.29%	0.29%	Unchanged
27	HP INC COM HPQ	HPQ	26,500	$581.4k0.27%	0.27%	Unchanged
28	IMPERIAL OIL LTD COM NEW IMO	IMO	5,000	$561.5k0.26%	0.26%	Unchanged
29	LOUISIANA PAC CORP COM LPX	LPX	5,886	$463.0k0.21%	0.21%	Unchanged
30	RYANAIR HOLDINGS PLC SPONSORED ADR RYAAY	RYAAY	5,937	$384.4k0.18%	0.18%	Unchanged
31	VITESSE ENERGY INC COMMON STOCK VTS	VTS	1,293	$20.4k0.01%	0.01%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BRAEMAR HOTELS & RESORTS INC BHR 4.5 06.01.26	BHR 4.5 06.01.26	2,500,000	$2.5m2.5m shares